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Little Traverse Bay Bands of Odawa Indians
Harbor Springs MICDFI Awards for Little Traverse Bay Bands of Odawa Indians
NACA (2007) - $149,991
Little Traverse Bay Bands of Odawa Indians (LTBB) is a Sponsoring Entity restored as a federally recognized Tribe in 1994. LTBB will create a Naive CDFI that will provide small business loans and financial literacy, business, and other developmental services to tribal members in the Northwest area of Michigan"s lower peninsula. LTBB will use its 2007 NACA Technical Assistance award to (1) provide in-house personnel, (2) train staff in CDFI development and portfolio management, and (3) purchase materials, supplies and software.
NACA (2005) - $109,000
The Little Traverse Bay Bands of Odawa Indians of Harbor Springs, Michigan received a technical assistance award through the 2005 Native American CDFI Assistance (NACA) Program of $109,000 to assist the Tribe to establish a community development financial institution to provide financing and technical assistance to entrepreneurs and small businesses in the community. The award will be used to: (1) purchase consulting services to develop strategic and capitalization plans and conduct a market analysis; (2) acquire computer hardware and peripherals; (3) obtain training for board members and new staff members regarding the development and operation of a Native CDFI; and (4) support operations.
Other Community Development Financial Institutions in Michigan
Bay Mills Housing Authority
Brimley
CapFund New Markets LLC
Lansing
Capital Fund Services, Inc.
Lansing
Communicating Arts CU
Detroit
Invest Detroit CDE
Detroit
Little Traverse Bay Bands of Odawa Indians
Harbor Springs
Michigan Housing Trust Fund
Lansing
Michigan Magnet Fund
Huntington Woods
Neighborhoods Inc. of Battle Creek
Battle Creek
Northern Shores Loan Fund, Inc.
Harbor Springs
Port Huron CDE, LLC
Port Huron
Shorebank BIDCO, Inc.
Marquette
Shorebank, Detroit
Detroit
Wayne County - Detroit CDE
Detroit
Featured Government Grant Resources
Program for Investment in Micro-Entrepreneurs Technical Assistance
The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.
Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Social Entrepreneurship
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Research finds that a great number of social enterprises, businesses with social or environmental goals which reinvest their profits, are trading more with consumers all year round, not just during the holidays.
